Tag: Shagang Steel Rebar Prices

Amid sharply tumbled finish steel and billet prices in China and recently confirmed anti-dumping duty by US government on Chinese goods, major steelmakers slashed scrap purchase prices further by RMB 150-200/MT (USD 24-32) in China. One of the largest ferrous scrap consumers in China, Shagang Jiangsu Steel group has slashed its scrap purchase prices further…